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Glow Beauty Bar Leases 4,215 SF Retail Space At 54-56 West Main Street In Somerville With Tenants's Rep Of Chandler Vanderbeek & Connor Vanderbeek From Bussel Realty
LEASED
New Jersey
See Similar DealsRetail8,430 SF
Leased 12/13/2023
LEASED
Glow Beauty Bar Leases 4,215 SF Retail Space At 54-56 West Main Street In Somerville With Tenants's Rep Of Chandler Vanderbeek & Connor Vanderbeek From Bussel Realty
54 West Main Street & 56 West Main Street
See Similar DealsRetail8,430 SF
Leased 12/13/2023
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:8,430 SF
Transaction Type:Lease
A lease has been brokered for the property located at 54-56 West Main Street in Somerville. The retail space spans 4,215 square feet and is owned by Gaston Partners. Situated near the Somerset County Courthouse and various amenities, this downtown property offers convenient access and visibility. Glow Beauty Bar is set to open in January.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Square Footage: 4,215
- Address: 54-56 West Main Street
- Market: Somerville
Bussel Realty Corp. represented Glow Beauty Bar, with Maria Barzallo as the tenant. Chandler Vanderbeek and Connor Vanderbeek, from Bussel Realty, acted as the tenant's representatives in the lease. NAI DiLeo Bram & Co. represented Gaston Partners, the landlord of the property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$483,202.51
Total Lease Value
$4,832,025.13
Net Landlord Cash Flow$483,202.51
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